萍乡钢铁厂于1954年筹建，1957年投产，现有职113464人，是全国冶金重点大中型企业。建厂40多年来，由于工艺不配套，产品结构、工艺结构不合理，设备落后、品种单一，企业盈利少亏损多。1997年前，历年累计亏损达3亿多元，资产负债率高达115％，特别是1995—1997年连续3年巨额 The Pingxiang Iron and Steel Plant was established in 1954 and put into operation in 1957. It has 113,464 employees and is a national key metallurgical enterprise. For more than 40 years since the establishment of the plant, due to the incompatibility of the process, the structure of the product and the structure of the process have been irrational. Before 1997, the accumulated losses over the years reached more than 300 million yuan, and the debt ratio was as high as 115%, especially for three consecutive years from 1995 to 1997.